Weighted aversge coat method with perpetusl inventory The begirning inventary at Midright. Supplies and data on purchases and sales for a three-month period ending March 31 are us follows: rexpureu: 1. Record the inventory, purchases, and cost of goods sold date in a perpetual inventory record similar to the one illustrated in Exhibit 5 , us 2. Determine the total saies, the total cost of goods sold, and the gross proft from sales for the period. 3. Cetermine the ending imentory cost as of March 31